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Oil on wild ride; how will it end?

...companies are charging significantly less for equipment and expertise. This means oil companies may be able to keep oil supplies rising from already high levels despite low prices.The Energy Department reported last week that there was a record...
Where did all this oil come from?

...1859 birth of the oil industry in Pennsylvania.So, even when oil prices spiked earlier this decade amid worries that oil supplies would soon run low, scientists and oil companies knew there was plenty available. It wasn't so much a question of...
What's at stake: The debate over Arctic drilling

...recoverable oil and 130 trillion cubic feet of natural gas.Shell says developing these reserves could increase domestic oil supplies by more than 1 million barrels a day.Shell has already spent nearly $7 billion in preparing to recover this oil...
What others say: Line in president's speech could unnerve ANWR oil supporters

...lands proposals because Congress is not acting on them.The battle over the Arctic National Wildlife Refuge's vast oil supplies has been a long one, but it could come to a quick end if the refuge is one of the areas that President Obama was thinking...
Cal Thomas: Humiliation nation(s)

...are laughed at in Moscow. And the problem with sanctions is that Russia has options, too, like cutting off gas and oil supplies to Europe and making trouble in other former Soviet republics. Recently, Russian news anchor Dmitry Kiselyov took...
North Slope crude prices down since July

...she said.What's pushing down oil prices is more oil supply, particularly in the U.S., and lackluster demand...comments Bloomberg News."You're seeing pretty good in oil supply and that's weighing on the market," Sharenow told...
Parnell asks lawmakers to extend Tesoro contract

...contract with Tesoro Refining and Marketing Company for the sale of royalty oil.The bill proposes an extension of royalty oil supply negotiated between the state and Tesoro from Jan. 31, 2015 to Jan. 31, 2016. The state will sell between 5,000...
As crude prices rise, so do prices at Peninsula pumps

...said that although there is no actual shortage of oil now, political problems in the region could potentially cut off oil supply, which could drive prices even higher. "Whether things are going to cool off there or whether things are going to...
Think about raising taxes on oil companies

...will not be as dependant on imported oil. The proposed Alaska changes in the tax law could have effects on domestic oil supply, changes that increase the taxation on income from marginal oil and gas investments will discourage domestic oil and...
Determining Alaska's oil value: Governor committed to working with legislators as a team

...value and move the state forward as we share that value with producers of our resources. Alaska's extremely valuable oil supply is being sold for us today at a premium. Markets are hungry for our oil, and we have a mutually beneficial relationship...


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